Bet on the rise of Cie des Alpes via turbo calls

This Tuesday, as part of our section dedicated to derivative products, we are selecting products on the world leader in ski lifts and operator of leisure parks, Compagnie des Alpes (CDA).

The company revealed during the publication of its results for the first half of 2021-2022 a rapid recovery in its two activities. Turnover increased, overall, by 16% compared to the first half of 2018-2019 (before the health crisis).

This winter season has exceeded expectations, which has allowed the group to raise its financial objectives for the entire year. The company now plans to generate a turnover and a gross operating surplus higher than those of the 2018-2019 financial year. The spring-summer season is looking good for amusement parks (Parc Astérix in particular), even if the group remains vigilant in the face of the macroeconomic context. This encouraging dynamic should, in our view, stimulate the rise in the stock market. As a reminder, analysts at Oddo BHF are aiming for a target of 19 euros on this stock.

We select turbo calls without code expiry 1MRGB. These products have a knock-out barrier of 12.63 euros, more than 20% away from the current level of the action, for a leverage effect of 3.9 times.

Quotation range: 0.41–0.42 euros.